OCR Text |
Show ?een.deSt CatDPS the WorI(1 has cver I , The Woodside. The company that orgauized shortly after the ending of a decidedly sensational sensa-tional campaign on this great property are conducting their operations in a very systematic, manner, and while the official mouth is sealed it is not difficult to detect that handsome earnings are being placed to the credit of the owners. If from tho stern and wrinkled face of Mammon a romance can be woven, then the record of this property opens a fertile field. In eleven months there was mined from its ' giant chute ore of the value of $850,000, when the owners paid to the lessees $30,000 to surrender the last month of their golden franchise. A number of men in ordinary circumstances circum-stances had suddenly come into possession posses-sion of a life's competency, and vet there are other Woodsides awaiting the attention of capital and pluck. A Strike at Tinti. Tintic, Aug. 10. Special correspondence. correspon-dence. A very rich strike of silver-lead silver-lead ore carrying gold in paying quantities quant-ities was recently made in tho Lady Godiva tunnel. This is tho property of John Q. Packard, Captain McChrystal and others of Salt Lake City. The owners have been working the tunnel spasmodically for eight years and have expended considerable money thereon, but would not take $100 for every $1 it has cost to do the work and sell the property which consists of a group of seven claims. Thus does Tintic prove tho predictions made by its old-time prospectors who are now, or soon will be, rewarded for their faith and energy. en-ergy. Eureka is a growing camp and nothing noth-ing but scarcity of lumber will slop our citizens from building 100 more residences resi-dences before the year is out, and there will be many even then looking for houses to rent and unable to get them at any price. A look at the ore being hoisted from the Keystone shows this to be a producer pro-ducer of fine rock. The ledge is reported re-ported larger and better delined than ever with a northwesterly strike like all the ore bodies in the big mines. Underground Under-ground development has proved this to be on the great Eureka hill, and Eu-reka-Centennial vein system, and the Keystone is proving to be as great a mine as its neighbors on the south end. The ledge in the Seneca is widening and improving with depth consequently its owners, the Driscoll brothers and Pioche Harrington, are wearing smiles a yard wide. J. D. Kendall of the Eureka Centennial Centen-nial is on deck again and will try and make the next monthly dividend a $30,-000 $30,-000 one, and he has the right kind of stuff to do it with. If the Eagle, Keystone, Governor, Lady Godiva and some others were incorporated in-corporated and the stock listed on exchange ex-change it would give Tintic a great boost and most probably help the owners of these line properties, but people know when they have a good thing and do not wish to advertise their good fortune. The recent find of rich float in Jenny Lind gulch and the improved appearance appear-ance of some of the north end properties, proper-ties, has instilled new life into that section, sec-tion, and Jackson and Noah McChrystal McChrys-tal have put men to work on the Live Oak, the north extension of the Revenue. Rev-enue. Hunt, Larson and Stevens, old Colorado Col-orado prospectors, are doing good work east of the Lady Godiva on the Mayday and seem satisfied that they have a big bonanza. Mrs. Capt. McChrystal Mc-Chrystal owns the Uncle Sam, lying between be-tween the Lady Godiva and Mayday, and considers her chances for a tour of the continent first class now. There are lots of would-be investors coming in on every train, but the prices for prospects do not seem to raise as one would suppose. The sale of the Retribution has fallen through, but some one will no doubt gobble it up, as the Keystone is proving up so well and it is undoubtedly on the same vein. Capt. Hank Smith is putting in two eight-hour shifts every day now, rushing the new B. B. C. hoisting hoist-ing works to completion. When completed this will be one of the finest plants in the west and a monument to the great mineral wealth of happy Tintic. The Mormon Chief, east of Silver City will be a steady producer this season yet and shows up well at present pres-ent We need but a lew more such men as the parties who own the bond on this claim to prove that Tintic leads the van. ... "Kit" Carson, who never does things by halves, is just making things hum arou.id the Golden chain in Mammoth Hollow and is having the shaft sunk as rapidly as work can do it. Pat Shea has sold a lot on Main street to Pete Peterson who will soon build a large hardware store thereon. . Tom Jackson returned from the ban-taquin ban-taquin stampedo on Saturday and brought some pretty fair looking silver-lead silver-lead ore that averages about 25 per cent lead aud 10 ounces silver This ore was taken from a three-foot ledge at a depth of three feet and is a satisfactory satisfac-tory showing. When the D. & R. G. western exten-tension exten-tension runs in here and the Prove and Tintic Railroad and fr.avigation company com-pany get their line of rail and steamboats steam-boats in motion look out for the grand rush. Part of the Eureka will extend over into Utah county. Eureka, August 11. Notes and Peraonal. A number of prospects will be candidates candi-dates before the listing, committee at the reopening of the mining exchange On Wednesday the now enactment providing for the purchase of 4 oOO.OOO ounces silver bullion per month goes into effect. . . A number of Salt Lake mining men have representatives in the Deep Creek country where considerable prospecting prospect-ing is fceing done. Messrs Ed. Richards and Fred Leonard Leon-ard are among others of the Colorado cofonv who have been conv.nced of the metalliferous merits of tureka at which Place they are investing largely in development work. Colonel Shaunnessy has secured a lM7'Ttt the McHenry group at Park CUy and is pulling out Us through a tunnel that nGh L the hill for nearly 1000 feet. McUenry is regarded by some as an extension of the Ontano ledge. The experiments that have been con- suited satisfactorily and in a short f- fthst State will be handling, proht-X proht-X wha! h Wert been thrown over the dump. ertinent Tips to Those Who Are Looking Forward to Leases, EB TUNKEL FOB EUBEKA. reek Claims on the , Move Im-crtant Im-crtant Disclosures at Tintio Mining Notes. VorJ Aug. 13.-Silver dropped ,!S closed atUSiilead re-stationary re-stationary at 4.35. Local Royalties. mnression created in a number " , between Utah and the Mis-vei-bV disappointed ndvehtur-t ndvehtur-t royalties in this country are ,ate,is as erroneous as any went abroad. The truth is, contrary, that the local schedule , reasonable than that which in any state where bonanzas 'e found. This is the evidence lcao lieud who has in recent nircd so conspicuously in the ,iance of the industry and who ,e as much as any other class for notion. In Colorado the sched--l at one time from 20 to 55 per This statement will find a scoro ,ples in Leadville, Aspen, Ouray fact all of the prominent camps. lie condition of affairs prevailed ntanft and until the system ,te asserted its superior merits it licult for tho lessee to obtain a ,.. la Utah the range of royal-iiuds royal-iiuds from 10 per cent, while i" leases can be had at 25, that of course being governed by the lor of the ground. No better is ever opened itself to those who bund leasing profitable, while reas and splendid opportunities lemselves to any and every one willing to avail himself of them, ipression then that royalties are ve is without the vaguest foun-in foun-in truth, and the great army who king investment profitable in-nt in-nt for their capital will lind it r advantage to look into the great )dt by which the city of Salt s girted. A large number of rho have taken hold report the mutable results, and in a short its system will be as popular and ral as it is in any of the camps r countries. At Eureka. of the most formidable of the s projects that have been incepted e development of Tintic's re-i re-i during the season, is that ) an immense tunnel which is the contact at a depth of between tundred and five hundred feet he surface. The principals in iid undertaking are Messrs. D. iskirk aud T. C. Stebbins, who ccured a lease and bond on a of six claims, including the r. A caieful geological survey group has convinced the parties iy are the extension of the Eu-Kureka-Centennial and Bullion-To Bullion-To fathom this problem active will begin on the tunnel next It is very likely that the will realize ' a splen-vard splen-vard and that another powerful er will be established on the elt. Mr. Stebbins has the ad-e ad-e of long years of practical ex-e, ex-e, he having been one of the I owners of the Colonel Sellers Jville, a property that has en-the en-the pocket of every man who tcrcsted. Developments on this will be closely watched by every lio is interested in the advance-f advance-f the mining industry. "M producers in this locality are ining a steady output while keep-reloprr.ent keep-reloprr.ent work well in advance extraction. Indeed the locality, W, has never presented greater i and the annual report will dis-i dis-i me highly creditable figures. Deep Creek. nt arrivals from this locality ut overhanging it are all the precis pre-cis of an old-fashioned, orthodox Practical miners ' and experi-prospectors experi-prospectors are flocking to its and excellent results are 1 for the season, which will be pronounced activity. It is stated Kod authority that one of the t syndicates ever organized for 'elopmcnt of Utah's mineral re-' re-' has located its representative in al'ty with instructions to let " e!de him that can bo bagged asonable figure. For this reason we preferred to maintain a us silence. The coup is to "get llc'' as is possible before the boom, which is as inevit-tnat inevit-tnat which summoned the exiles ex-iles to the great camp of - Car-s Car-s in 1878. This policy is all f its promulgators, but awfully II the camp-raven who has been '7 awaiting his Deep Creek mil-f mil-f "le ultimate productive-' productive-' the district there can be no Q. and the earlier its gates are ! we better for Salt Lake City, 13 the natural depot for all that Park City Bonanzas. Spencer has been on a whirl 1 Park City, removed his diggin' and was chanting eloquent f the camp when the chroni-aed chroni-aed the audience. lv i tramped through all of Colo-chimed Colo-chimed the gentleman, with Jt warmth, "and I want to say ! .at never in my life have I seen lKlng of a bigger camp. Now 8et scared," continued the r' with increased warmth, "for I ? ??y to you with due deference mT eleven million dollar bo" , hat the Daly and Ontario are "est things I ever saw. There is enough in their stopes to make habitant in a miniature uni-; uni-; !oatel autocrat, and I hear it ' . that ore of the value of $10, 18 blocked out. It is said to wmp for the poor man. That The fact that the main eVfUr hundred feet and more ninaee bears out the impress-oth impress-oth irres a hank roll to get to vpnt A owever. there is nothing ent the pooling of a number of an1 a half dozen or more secure a slice that would ui .Pe each of them a rich 18 the making of one of the |